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Ga. high court ousts pot-smoking judge from bench
Headline Legal News | 2011/09/07 08:52
A Georgia judge who pointed a gun at himself in the courtroom, berated his boss in a bizarre televised rant and admitted to regularly smoking marijuana was ousted from the bench for life by the state's top court Tuesday.

The Georgia Supreme Court's unanimous opinion also barred Catoosa County Magistrate Anthony Peters from ever holding another judicial office in Georgia, concluding he has done "nothing to show that he has any ability to live up to the high standard of conduct expected of members of the judiciary in Georgia."

Peters' home phone number was disconnected, and his attorney Chris Townley did not return calls and emails Tuesday seeking comment. But Peters said during an April hearing that the violations took place during a "rough patch" in his life, and his attorney blamed his behavior on prescription drug abuse after his client was involved in a devastating 2005 ATV accident.

Peters, who is not an attorney, was a detective for the county sheriff's office for 10 years before he was appointed as a magistrate judge in 1997. But his demeanor started changing after a difficult 2005, which began when his father committed suicide and grew worse after the ATV accident. The magistrate was taking heavy doses of pain medications by 2009 after surgeries didn't ease the pain, his lawyer said.






RI 'Survivor' winner won't get free lawyer
Headline Legal News | 2011/08/26 10:14
A Rhode Island judge is refusing to grant free legal counsel to help the winner of the first season of the CBS reality show "Survivor" appeal a nine-month prison sentence.

Judge William Smith on Thursday rejected 50-year-old Richard Hatch's request for a court-appointed attorney to help him fight the sentence handed down in March for violating the terms of his supervised release by failing to settle his tax bill.

Hatch, of Newport, spent more than three years in prison for not paying taxes on his $1 million "Survivor" winnings. He was released in 2009 and ordered to refile his 2000 and 2001 taxes and pay what he owed. Smith ruled he never did and returned him to prison.

Hatch, who claims he is "destitute," is scheduled to be released in December.





Government probe of Standard and Poor's
Headline Legal News | 2011/08/19 09:00
The Justice Department is investigating whether the Standard & Poor's credit ratings agency improperly rated dozens of mortgage securities in the years leading up to the financial crisis, The New York Times reported Wednesday.

The investigation began before Standard & Poor's cut the United States' AAA credit rating this month, but it's likely to add to the political firestorm created by the downgrade, the newspaper said. Some government officials have since questioned the agency's secretive process, its credibility and the competence of its analysts, claiming to have found an error in its debt calculations.

The Times cites two people interviewed by the government and another briefed on such interviews as its sources. According to people with knowledge of the interviews, the Justice Department has been asking about instances in which the company's analysts wanted to award lower ratings on mortgage bonds but may have been overruled by other S&P business managers.

If the government finds enough evidence to support a case, it could undercut S&P's longstanding claim that its analysts act independently from business concerns. The newspaper said it was unclear whether the Justice Department investigation involves the other two major ratings agencies, Moody's and Fitch, or only S&P.




Monster iPhone location lawsuit filed against Apple
Headline Legal News | 2011/08/17 09:26
More than 20,000 South Korean iPhone users have filed a class action lawsuit against US technology giant Apple for alleged privacy violations over the collection of location data, a law firm said.

The suit came after lawyer Kim Hyung-Suk was awarded one million won (US $950) in compensation in June, the first such payout by Apple's Korean unit, following an interim order by a court in the southeastern city of Changwon.

Kim has since led online preparations for a class action suit against Apple and its South Korean unit.

"The suit accuses Apple of breaching articles 10 and 17 of the constitution that ensure pursuit of happiness and protection of privacy, and the South Korean law on protection of location data," a spokesman for Kim's firm Miraelaw said. The suit involves 26,691 people demanding one million won each.



$168 million securities fraud settlement proposed
Headline Legal News | 2011/08/12 10:35
The New York State Common Retirement Fund has announced a proposed $168 million settlement of its securities fraud class-action lawsuit against National City Corp. alleging misrepresentations to investors.

State Comptroller Thomas DiNapoli, trustee of the $146.5 billion fund and lead plaintiff, says the defendants agreed to the settlement but admitted no wrongdoing.

PNC Financial Services Group Inc., which bought Cleveland-based National City in 2008, declined to comment.

The suit alleges National City misrepresented the quality of its mortgages and home equity loans and the severity of its losses.

The settlement is expected to go before U.S. District Judge Solomon Oliver Jr. in the Northern District of Ohio for preliminary approval in the next few weeks, with all class members notified after that.



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